Can I retire at age 30 with 10,500,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $10,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$867,080$859,357$851,821$844,466$837,285$808,542
2 years$429,248$421,253$413,506$405,993$398,707$370,042
3 years$283,323$275,294$267,565$260,124$252,956$225,269
4 years$210,374$202,370$194,719$187,405$180,410$153,913
5 years$166,617$158,661$151,110$143,945$137,145$111,908
6 years$137,455$129,558$122,119$115,114$108,518$84,560
7 years$116,633$108,803$101,482$94,641$88,254$65,572
8 years$101,023$93,264$86,065$79,392$73,216$51,790
9 years$88,889$81,203$74,127$67,625$61,658$41,464
10 years$79,187$71,577$64,626$58,293$52,536$33,539
11 years$71,255$63,720$56,896$50,732$45,183$27,346
12 years$64,649$57,192$50,493$44,499$39,154$22,436
13 years$59,064$51,685$45,113$39,286$34,143$18,500
14 years$54,281$46,980$40,534$34,874$29,930$15,316
15 years$50,139$42,917$36,597$31,101$26,353$12,722
16 years$46,519$39,376$33,180$27,848$23,290$10,595
17 years$43,328$36,264$30,193$25,021$20,651$8,843
18 years$40,494$33,509$27,562$22,549$18,362$7,394
19 years$37,962$31,056$25,232$20,375$16,366$6,192
20 years$35,686$28,859$23,156$18,453$14,619$5,192
21 years$33,630$26,881$21,299$16,748$13,082$4,358
22 years$31,762$25,092$19,631$15,227$11,726$3,661
23 years$30,060$23,468$18,125$13,868$10,526$3,077
24 years$28,502$21,988$16,763$12,648$9,461$2,589
25 years$27,071$20,635$15,526$11,551$8,514$2,179
26 years$25,752$19,393$14,399$10,562$7,669$1,834
27 years$24,532$18,251$13,371$9,668$6,914$1,545
28 years$23,402$17,198$12,430$8,858$6,239$1,302
29 years$22,352$16,225$11,567$8,123$5,633$1,097
30 years$21,373$15,322$10,775$7,454$5,090$925
31 years$20,460$14,485$10,045$6,846$4,602$780
32 years$19,605$13,706$9,372$6,292$4,163$657
33 years$18,804$12,979$8,751$5,786$3,767$554
34 years$18,051$12,301$8,176$5,324$3,411$468
35 years$17,344$11,668$7,644$4,901$3,089$394
36 years$16,676$11,074$7,151$4,513$2,799$333
37 years$16,047$10,518$6,693$4,158$2,537$281
38 years$15,452$9,996$6,268$3,833$2,300$237
39 years$14,889$9,505$5,872$3,534$2,086$200
40 years$14,355$9,043$5,504$3,260$1,892$169
41 years$13,849$8,608$5,161$3,008$1,716$142
42 years$13,368$8,198$4,841$2,776$1,557$120
43 years$12,911$7,811$4,543$2,562$1,413$101
44 years$12,475$7,446$4,264$2,366$1,283$85
45 years$12,061$7,100$4,004$2,185$1,165$72
46 years$11,665$6,773$3,761$2,018$1,057$61
47 years$11,288$6,464$3,533$1,865$960$51
48 years$10,927$6,171$3,320$1,723$872$43
49 years$10,582$5,893$3,121$1,592$792$37
50 years$10,252$5,629$2,934$1,472$719$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $10,500,000, adding $2,491 every year, while hoping to spend $42,706 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 85/7/8 Blend
29$10,500,000$10,500,000$10,500,000$10,500,000
30$11,573,569$11,017,069$10,854,319$12,547,143
31$12,708,635$11,511,467$11,172,500$13,677,425
32$13,958,045$12,028,659$11,499,909$14,912,928
33$15,333,419$12,569,716$11,836,809$16,268,963
34$16,847,559$13,135,763$12,183,473$17,757,625
35$18,514,569$13,727,975$12,540,179$19,392,238
36$20,349,994$14,347,585$12,907,214$21,187,476
37$22,370,962$14,995,885$13,284,874$23,159,501
38$24,596,344$15,674,227$13,673,461$25,326,115
39$27,046,936$16,384,029$14,073,287$27,706,928
40$29,745,654$17,126,778$14,484,673$30,323,542
41$32,717,750$17,904,028$14,907,948$33,199,749
42$35,991,047$18,717,413$15,343,452$36,361,762
43$39,596,208$19,568,640$15,791,531$39,838,456
44$43,567,018$20,459,500$16,252,544$43,661,639
45$47,940,709$21,391,871$16,726,860$47,866,354
46$52,758,307$22,367,718$17,214,855$52,491,207
47$58,065,021$23,389,102$17,716,919$57,578,728
48$63,910,668$24,458,184$18,233,451$63,175,774
49$70,350,147$25,577,225$18,764,862$69,333,967
50$77,443,951$26,748,598$19,311,574$76,110,181
51$85,258,742$27,974,788$19,874,020$83,567,078
52$93,867,981$29,258,400$20,452,647$91,773,696
53$103,352,617$30,602,163$21,047,913$100,806,098
54$113,801,854$32,008,939$21,660,288$110,748,092
55$125,313,992$33,481,727$22,290,257$121,692,016
56$137,997,356$35,023,667$22,938,316$133,739,608
57$151,971,314$36,638,055$23,604,978$147,002,967
58$167,367,411$38,328,342$24,290,767$161,605,607
59$184,330,602$40,098,147$24,996,224$177,683,620
60$203,020,628$41,951,261$25,721,902$195,386,957
61$223,613,519$43,891,659$26,468,372$214,880,845
62$246,303,255$45,923,507$27,236,219$236,347,342
63$271,303,600$48,051,172$28,026,046$259,987,050
64$298,850,119$50,279,232$28,838,470$286,021,011
65$329,202,400$52,612,483$29,674,128$314,692,785
66$362,646,505$55,055,955$30,533,672$346,270,751
67$399,497,671$57,614,919$31,417,772$381,050,633
68$440,103,284$60,294,901$32,327,118$419,358,293
69$484,846,161$63,101,692$33,262,418$461,552,797
70$534,148,160$66,041,366$34,224,399$508,029,808
71$588,474,165$69,120,285$35,213,809$559,225,311
72$648,336,473$72,345,123$36,231,416$615,619,731
73$714,299,632$75,722,873$37,278,007$677,742,456
74$786,985,768$79,260,867$38,354,394$746,176,839
75$867,080,458$82,966,791$39,461,408$821,565,693
76$955,339,205$86,848,704$40,599,904$904,617,360
77$1,052,594,564$90,915,050$41,770,762$996,112,390
78$1,159,764,009$95,174,687$42,974,881$1,096,910,904
79$1,277,858,588$99,636,897$44,213,190$1,207,960,711
80$1,407,992,472$104,311,413$45,486,640$1,330,306,247
81$1,551,393,470$109,208,438$46,796,208$1,465,098,433
82$1,709,414,621$114,338,669$48,142,899$1,613,605,528
83$1,883,546,969$119,713,320$49,527,742$1,777,225,104
84$2,075,433,636$125,344,149$50,951,798$1,957,497,224
85$2,286,885,337$131,243,482$52,416,153$2,156,118,980
86$2,519,897,471$137,424,243$53,921,924$2,374,960,506
87$2,776,668,963$143,899,981$55,470,258$2,616,082,624
88$3,059,623,018$150,684,901$57,062,333$2,881,756,291
89$3,371,430,002$157,793,897$58,699,358$3,174,484,034
90$3,715,032,650$165,242,586$60,382,574$3,497,023,563
91$4,093,673,847$173,047,339$62,113,256$3,852,413,796
92$4,510,927,244$181,225,323$63,892,715$4,244,003,541
93$4,970,730,995$189,794,536$65,722,293$4,675,483,103
94$5,477,424,938$198,773,850$67,603,371$5,150,919,106
95$6,035,791,563$208,183,050$69,537,366$5,674,792,882
96$6,651,101,167$218,042,884$71,525,732$6,252,042,760
97$7,329,161,604$228,375,103$73,569,962$6,888,110,681
98$8,076,373,121$239,202,518$75,671,590$7,588,993,558
99$8,899,788,780$250,549,041$77,832,188$8,361,299,880
100$9,807,181,043$262,439,752$80,053,374$9,212,312,090